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Only half the story. Jury still out on property gold & conclusions of interested miner(s) DD.
That is purely speculation. May be irrelevant, might not.
See if bid remains. If gold stabilizes above 2k or moves even higher from today's close the large bids may continue. Gold prices may be the catalyst for some kind of deal. Nobody knows. Can only speculate and wait it out. Good or bad.
I will. Need to look up again.
Illegal to short Stocks under $1 (Might be $2). Only MM's can do it.
Retail, institutional, funds cannot short penny stocks. This stock was shorted from its high down to $2.00. After that nada. Except for MM's in their duty to maintain an orderly market and facility liquidity.
Dilution has been the main factor here.
"one that's never ever ever been wrong yet :))" Now thats a red flag if I ever seen one.
Right on ! Couldn't have said it better.
Right!
MULN will do just fine. Weeks, months don't matter. Ducks are in a row now and will be an important player in the EV industry in the long term.
And if anyone believes one word of that BS, I have a bridge in Arizona to sell them.
it seems that one of the top priorities is collecitng that $11M in receivables thats been sitting on the books for too long. What the he** is going on there. Also, miniscule 4th quarter revs make me skeptical about 2023. Really a very very risky play here . On the other hand if it is true what he says about the optimism of the Wall Street advisors and the hiring of the accounting firm and lawyer there may be reason for some optimism on part of us shareholders.
That's what I am thinking. May-July should be very interesting.
Depends on content of news coming in the next few weeks,months.
In regards to your question: I have. Always good questions, info and substance to give consideration to in your posts. However, I have a tendency to not take everything at face value that is posted on a message board. That;s is a problem with message boards.
Its generally hard to differentiate between the BS and real substance. Except of course the poliferation of flat out criticism or pumping without any substance.
Not going to be judgmental and emotional. Just go with the facts that it doesn;t look good for the company after no 4th quarter revenue. Adjust what's left of my position accordingly and as necessary. Will use extreme caution going forward. However, good to see the hefty buying this morning for a change. Being current again does mean something. We shall see what happens this month and what revenue looks like for 1st and 2nd quarter. The business plan indicated they are selling a lot of product (I am not convinced). _
Sorry, I just now looked at the Income Statement YE 12/31/22 and noticed the Cash of $100 and no 4Q sales. In addition, there is still $11M in receivables. Not good and glad I sold a lot of shares last year. This looks ominous, and May has to show big big improvement not only in sales but also Accounts Receivable and the progress on the recent business plan or they are finished.
Flat broke? Not aware of that. Expand on that and show me evidence. I am open minded. Right now, I will believe it if they file fins in May which substantiate that. Assuming it is true that a Wall Street Attorney and Accounting firm was hired, it is highly unlikely the company is flat broke. I quess we can continue the discussion again at end of May when we will know whether or no their goals were accomplished or not, i.e audited fins, announcement of the WS Attorney and Accounting firm. Good Luck in your trading.
Will be $1+ sooner or later. I got patience. Maybe till end of year. Lot of negative stories and advisories the last 2-3 years about OTC. Lot of Investors staying away that used to play here.
Doubt it. Fantasy land.
48M in trades today. Wonder what brokerage firm(s) is facilitating these transactions? Because they show as neither buys or sells, and retail can only sell, are these transactions just movement between Market Makers and or Brokerage houses? Or are they retail sells being absorbed by the Market Makers ? Would like input from anyone familiar with the Expert Market transactions.
I am hanging on to good amount of shares also. May should be a defining Month for them. If they file Financiials with decent numbers and audited it will help the SP a great deal.
I may have erred in the "Audit in Progress". The original Zoom Meeting presentation was "Get Audited Financials (In Progress)". Since they will annouce the Accounting Firm later in May, the Audit is probably not in progress.
The following is not a recommendation to buy the stock. I am not a promoter. Novice traders should not risk more capital than can afford to lose. The markets are highly unpredictable and new startup companies especially risky.
This is the Business Plan put forward by the company in the Zoom Meeting, April 20, 2023.
1). Hire a Wall Street Law Firm for Uplisting (Completed).
(Announce in Joint Press Release in approximately 30 days so no distractions)
2). Hire a Wall Street Accounting Firm for Year End Review, Quarterly Filings, Audit Preparation.
(Announce in Joint Press Release in approximately 30 days so no distractions)
3). File Audited Financials (Audit in Progress)
4). Sell a lot of our current Products (in Progress)
5). Launch New Poducts (Upcoming)
6). Hire Headhunter Firm (Upcoming)
7). Form Independent Board of Directors (Upcoming)
Not meaningful. Mullen still benefits regardless of when the deal took place. Doesn't matter that the PR is after the acquisition. Assigning motives that Michery is trying to take credit - I don't see it that way. Nothing in PR to indicate that.
Therefore, what ? Still happened and exsists.
Love the guy
It's belated April fools!
Agree!
"If there was ANYTHING to it, he would have had investors crawling up his ass and/or any of the major automotive manufacturers lining up to get it."
And there is! To the bank on it. They were to egotistic to accept it. Now they regret it and heads will probably roll.
Everything in the post is all good. Stay tuned. Nice mid-long term play. RS don't matter.
Again. "EVT shall within 7 days of signature to this LOA, execute documents evidencing: (i) an irrevocable, royalty free, worldwide exclusive license to the Technology and the IP, in perpetuity, to MAEO (the “License”). The IP shall include all patents, trademarks and other inventions pertaining to the Technology as of the date of signature hereof as well as all inventions or discoveries relating to the Technology that occur subsequent hereto; and (ii) assigning to MAEO, all rights of EVT to all governmental and other contracts, purchase orders or otherwise relating to the Technology."
I am leaning toward that Outlook also. Anything below .30 is a gift. Cautiously optimistic.
"If this" if that if if if if...." can be said all day long. It is meaningless and not worthy of consumption.
" What a sickening horrendous unmitigated disaster INTK has become!!!" More Meaningless chatter.
10B over how many years?
The unprovable chatter is that there will never be Audited Financial filed and INTK will dissolve.................."
Yea, it looks like a RS may be done at some time if we are going to get to the SP valuation target of 3.50 mentioned in the meeting. And, Stu admitted that the 3.50 is a long long time in the future. In the meantime, I do believe it is possible to see .05 to .10 and even higher if the Audited Financials back up the claim of prolific sales going on. And, need to see evidence to support accomplishing the intentions to have BOD's and hiring top notch executives. I think the next 3 - 6 months will tell a lot about the seriousness of INTK's intentions. I sold some of my position near last years high and have been accumulating again down here. In for long term. Will unload along the way if situation dictates.
In my humble opinion, the only thing that will move this stock going forward is when the audited financials (forthcoming) are filed or, PR's with significant impact on Revenue. Stu has been advised by Expert legal persons and experts assisting with the"move to Nasdaq" to shut up and disseminate company information as the respected companies and top tier CEO's do.
It is my understanding that as a result of the outside expert professional advice the only information coming from the company in the future will only be material stuff. i.e. 8k type, and the audited financials (we shall see). I don't know if his tweets will stop or not. I would assume so from the tone of the conversation. Also not sure about the continuation of the bi-weekly meetings.
Going forward INTK will use professional, top tier headhunters for hiring and candidates will be vetted by a board of directors and experts that are involved in the move to Nasdaq. It appears that this will result in replacement of persons currently in key positions with professional, experienced, and well vetted candidates. i.e., CEO, CTO, CFO.and whatever other key postions.
Indicated business is great and they are selling a ton of product.
More and more influencial business persons have become aware of the company and are involved and giving advice. They see this company has having a very bright future. Looking forward to the Audited Financials.
Disclaimer: The information above is from memory and may not be completely accurate. I am not a Financial advisor. Please do not rely on this information for investment advice. Investing and trading in the Stock Market is very risky and is not for everyone. Use only money you can afford to lose. This is not a recommendation to buy or sell the stock.
Several days now . A lot of that the last few months.
This part of PR does make it seem like they are on to something and production/use is likely. Notice "results". "Specific vehicle testing of a high-volume OEM electric vehicle by Element resulted in a calculated increase in range from 269 to 431 miles, which is a 60% increase in efficiency."
"EMM technology was also tested by Mullen Automotive engineers on the Company’s Class 1 EV Cargo Van at its Troy, Michigan, facility. Results showed more than a 75% increase in range for the 42-kWh lithium-ion battery pack, which would be a calculated EPA estimated range of 186 miles at a very low added cost and mass." This technology could be in production sooner than anyone here thinks. Could the testing with high-volume OEM electric vehicle be a Tesla?. Too bad there may be much more dilution. Stock Market profits is always about timing your purchase.